Executive Summary Nigeria is the top ten country in the world with highest oil reserve and the second in Africa after Libya. With 37 billion bbls proven oil reserve and current consumption level, the s abundant oil resources can be utilized for about 237 years excluding future possible oil discoveries in the country to support the nation growth. Leading global oil and gas producers are operating in Nigeria including Shell, ExxonMobil, Chevron, Total and Agip. Unfortunately, the country is heavily relied on imported refined petroleum products. Total import of refined petroleum products was amounted to USD 11.3 billion in 2021 or equal to about 436,000 bopd. These companies combine production are equal to about 95% of the country’s total oil production. Refinery Location Notes Nameplate Capacity (barrels per day) Kaduna refinery Kaduna state crude sourced from Escravos and F...
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